This office lease form states that the tenant shall exercise its option to renew this lease upon written notice given to the landlord no less than eighteen (18) months before the end of the lease term.
Nevada Notice of Intention to Exercise Option
State:
Multi-State
Control #:
US-OL24016
Format:
Word;
PDF
Instant download
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How to fill out Notice Of Intention To Exercise Option?
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FAQ
The notice period depends on the details of the lease, for example, a month-to-month tenancy will require a 30-day notice period. On the other hand, a year-to-year tenancy requires a 60-day notice, while for three-year tenancies, either party should expect a 120-day notice to be provided.
Effective July 1, 2023, SB381 amended NRS 118A. 290 to prohibit landlords from requiring tenants to pay any fee or other charge (including home warranty deductibles or copayments) to perform repairs, maintenance tasks, or other work which the landlord has a duty to perform to maintain the unit in a habitable condition.
No, a landlord cannot evict a tenant for no reason in Nevada. As mentioned above a landlord is allowed to terminate a rental agreement if a tenant intentionally damages the property and/or doesn't comply with the rental agreement.
Under Nevada law, landlords and tenants must give each other at least 30 days' notice to end a tenancy under a rental agreement, and landlords must give tenants 45 days' notice before increasing rent.
Unless there is an emergency, the landlord must give the tenant at least twenty-four hours' notice that landlord intends to enter the rental property.
Tenants in Nevada aren't required to provide their landlords with notices for fixed-term leases. The statewide law requires a tenant to furnish their landlord with two notices: the week-to-week lease termination notice (NRS 40.251) and the month-to-month lease termination notice (NRS 40.251).
